Technical Analysis Day Trading Opportunities: IVAN
March 10th, 2008 by Cameron FousIVAN is forming a solid looking ascending triangle formation with pre-warned volume indicators suggesting a possible continued upside move for the bulls on a break of resistance Friday made a significant rally up 7% nearing resistance at 1.74. If price breaches the 1.74 level it should result in a decent upside move providing us with a short term trading opportunity to pull a nice gain on the long side. I want to buy IVAN on a breakout above 1.74.




